September 09, 2010
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Your Franchise Business Expansion News SourceFranchise News Watch brings you the latest in franchising business expansion news from around the web. As a news aggregator for the franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Franchise Business Expansion News
Sotheby's International Realty Brand Expands Network Presence into SwedenSotheby's International Realty Affiliates LLC today announced that leading Swedish real estate firm Skeppsholmen Fastighetsmakleri in Stockholm has joined its luxury real estate network.
Gap Inc. Announces Plans To Extend International Presence To Greece And Other Balkan Markets Through Franchise AgreementGap Inc. (NYSE: GPS) today announced a franchise agreement to bring the Gap and Banana Republic brands to customers in Greece, Romania, Bulgaria, Cyprus and Croatia. Sotheby's International Realty Announces a New Affiliate in ChicagoSotheby's International Realty Affiliates LLC today announced that Southport Sotheby's International Realty in Chicago is the newest member of its luxury real estate network. Fatburger Comes To South Edmonton CommonSometimes bigger is better. For example, Canada's newest Fatburger restaurant will soon be serving up some of the biggest, juiciest burgers around in what promises to be the biggest open-air power centre in all of North America -- South Edmonton Common. Pollo Campero Is Coming To Atlanta, Boston and New JerseyPollo Campero, the largest chicken chain in Latin America, has recently signed on four new franchisees in the United States, which will introduce restaurants into Atlanta, Boston and New Jersey by this coming summer. Organic Burger Chain Signs First Overseas Franchise DealElevation Burger, the wildly successful Northern Virginia based chain known for its tasty organic burgers and patented fresh cut fries cooked in olive oil has signed a multi-unit franchising deal with investment banker, businessman, entrepreneur... Wave Home Solutions offers basement remodelers ventilation solution!Wave Home Solutions, Inc introduced their Home Ventilation Unit for Basement Remodelers that expels contaminated air as well as moisture buildup to the outside creating a healthier environment in the lower level. Wendy's Restaurant Opens in SingaporeWendy's/Arby's International, part of Wendy's/Arby's Group Inc. (NYSE: WEN), announced the opening this week of the first of 35 Wendy's(R) restaurants scheduled to be built by the Kopitiam Group throughout Singapore over the next 10 years. Bonefish Grill Opening At Lehigh Valley Mall Lifestyle Center Jan. 28Bonefish Grill will bring its big fish flavor to the Lehigh Valley when it opens its doors for business Jan. 28, 2008, at 901 Lehigh Lifestyle Center in Whitehall, Pa. (located among Lehigh Valley Mall's new outdoor shops).
Flip Flop Shops Catches a Wave In Panama City BeachFlip Flop Shops is exposing its toes in Panama City Beach. The only lifestyle retail franchise to capture the essence of the flip flop connoisseur way of life, Flip Flop Shops recently opened its first local shop in Panama City Beach at 201 Bluefish Drive Coldwell Banker Real Estate Franchise Announces New Master Franchisor in France, Coldwell Banker also will Expand Brand into MonacoColdwell Banker Real Estate LLC today announced the signing of a master franchise agreement with Demeure S.A. to expand the Coldwell Banker® brand in France and into Monaco. With the addition of Monaco, the Coldwell Banker network now extends to 50 co Red Robin Gourmet Burgers Continues Florida Expansion with Opening of Fort Myers LocationRed Robin Gourmet Burgers, Inc. (Red Robin) will open a restaurant in Fort Myers, Fla. on Monday, Aug. 13, at 11 a.m. Chipotle Finalizes London Location Restaurant Slated to Open in April 2010Chipotle Mexican Grill, Inc. (NYSE: CMG) (NYSE: CMG.B), the US-based chain of burrito restaurants known for serving "Food with Integrity," has secured its first London location and is finalizing design and building plans. SUBWAY Chain Becoming More Environmentally Friendly Eco-store Opens In FloridaThe SUBWAY restaurant chain has made a commitment to have its restaurants and operations become more environmentally friendly. Boston Pizza continues to grow in Winnipeg with eighth store openingBoston Pizza International Inc. announces the grand opening of its eighth restaurant and sports bar in Winnipeg, Manitoba on Monday, October 22, 2007. Vapiano To Open In Bethesda RowVapiano signed a lease with Federal Realty to open a corporate-owned Vapiano restaurant in Bethesda Row. This will make the 5th corporately-owned Vapiano in the Washington, DC metro and Vapiano's 1st location in Maryland. Vapiano will open in a new... Financing Not a Barrier for Nation's Fastest-Growing Pizza CompanyBucking the trend of an incredibly tight credit market, Marco's Pizza announced today it has been approved to receive up to $7.5 million for existing and prospective franchisees in funding from Main Street Bank of San Antonio, TX to continue its impressiv Newcrest Hotels Opens Two New IHG PropertiesDespite the challenging economy, Newcrest Hotels has pursued an aggressive growth strategy in the midscale hotel segment and has recently opened the latest additions to their portfolio - a Holiday Inn Express in Paris, Texas and a Holiday Inn Express... Toys"R"Us, Inc. Opens First Babies"R"Us Store In HawaiiToys"R"Us, Inc. today announced it will open its first Babies"R"Us store in Hawaii on Friday, September 18 at 9:30am. Located at 1150 Kuala Street in Pearl City, the store will provide local new and expectant parents access to the best and broadest... Interim HealthCare Opens New Franchise Office in Galveston County, TXInterim HealthCare Inc, the nation's leading health care franchise company, is pleased to welcome new Franchisees Brett & Tracy Bozeman and Sharon Davis in the Galveston, Texas area. Precision Tune Auto Care signs agreement with Nigerian Company to open stores in Nigeria and GhanaPrecision Auto Care, Inc. (Pink Sheets: PACIPK) signed a master franchise agreement with senior executives of Linkup Global Concept Limited RC (Nigeria) giving that firm's affiliate, Precision Tune Auto Care (Nigeria) Company Limited, a license to open... Organic Burger Chain Opens Two New RestaurantsElevation Burger, a Northern Virginia based chain known for its tasty organic burgers and patented fresh cut fries cooked in olive oil, has opened two new franchised restaurants. Neeraj and Lisa Vohra have opened an Elevation Burger in... Park Hyatt Koh Samui to Open in 2009Hyatt Hotels & Resorts has signed an agreement to manage a new luxury resort that is being developed by Proud Resorts Koh Samui Co. Ltd., a joint venture between real estate and hospitality investment specialists, First Oriental, and the Liptapanlop..
Sonic Expands Into Central OhioColumbus has long been fertile territory for food ventures, with its reputation as a reliable test market and its status as home to several national restaurant chains. But America's fourth-lar...
Indianapolis Real Estate Firm Joins Sotheby's International Realty NetworkSotheby's International Realty Affiliates LLC today announced that Encore Sotheby's International Realty in Indianapolis, Ind., is the newest member of its luxury real estate network.
Elevation Burger To Open In Montclair, New JerseyElevation Burger franchisees, Brian Edgar, Matt Jerkovich and Andy Herriott, recently signed a lease securing real estate in Montclair for the first of their five units in New Jersey. Elevation Burger is rapidly expanding its Virginia-based organic...
Wendy's and Berjaya Corporation to Open Restaurants in MalaysiaWendy's International and Berjaya Corporation Berhad announced today that they have signed a development agreement to build Wendy's restaurants in Malaysia. Chick-fil-A Continues Expansion with Holly Springs' First Stand-Alone Chick-fil-A Restaurant Opening Sept. 17; Bringing Nearly 65 New Jobs to the AreaThe Chick-fil-A(R) restaurant chain and its Eat Mor Chikin(R) Cows will do their part to "boooost" and support the local economy with the opening of Holly Springs' first stand-alone Chick-fil-A restaurant on Sept. 17, with the celebration to include...
Freshii Signs Master Franchise Deal For Orange County, CaBusiness professional Souhel Stephan Tarakji has signed a master franchise deal to open over 30 Freshii restaurants in Orange County, California over the next six years. The fast casual Freshii is known for its modern, hip vibe and convenient, healthy...
Boston Pizza continues Edmonton area expansion with new Beaumont locationBoston Pizza International Inc. announces the grand opening of its first restaurant and sports bar in Beaumont, Alberta at 6210-50th Street on the week of Monday, December 10, 2007. Pizza Fusion Is Coming to Red Bank, NJPizza Fusion, an organic, eco-friendly pizzeria based out of Fort Lauderdale, FL, will be opening in Red Bank at 95 Broad Street. Pizza Fusion has quickly become a favorite among pizza fans for its unique approach to fresh, organic pizza making; not... Tampa Zaxby's Hatches Monday, October 19Zaxby's licensee and former Tampa Bay Buccaneers cornerback Donnie Abraham, along with his wife Tunisia Abraham, will open the doors to Tampa's first Zaxby's restaurant on Monday. The new Zaxby's, a Southeast favorite for chicken fingers and Buffalo... Zaxby's Hatches First Texas Location On Monday; Three More To Open This Year In Dallas-fort WorthZaxby's, a longtime Southeast favorite for chicken fingers and Buffalo wings and one of the nation's fastest growing restaurant chains, is spreading its wings to the Lone Star State. "Rooms With A View" At Hyatt Regency Toronto On KingThe new Hyatt Regency Toronto On King will open its doors as the city's newest upscale hotel on February 16. The 394-guestroom and suite hotel will feature the city's most incredible views of Toronto's skyline. The hotel will also feature the latest... New Amman restaurant part of brand's ongoing international expansion plansWhile the Schlotzsky's(R) name might not have a direct Arabic translation, The Original(R) sandwich on Fresh-from-Scratch(R) sourdough buns and the brand's fresh, high quality sandwiches, paninis, pizzas, salads, soups, wraps and desserts are sure to... Sotheby's International Realty Franchise Brand Welcomes New York Real Estate FirmSotheby's International Realty Affiliates LLC today announced that Terrace Realty in Forest Hills Gardens, N.Y., is the newest member of its luxury real estate network. Paul Davis Restoration Inc. Opens New National Training Center in Jacksonville, FLPaul Davis Restoration, a national franchise company and leading provider of fire, water and mold damage restoration services for residential and commercial properties, has opened its new 17,000 square foot national training center located at 7251 Salisbu |
Features & Special ReportsFamily Friendly: A case study on family-run franchisingFamily-run franchise operations can offer a blessing, or a curse. An example of the blessing would be the close relationships and high degree of trust that exists in many families. In this case, success generally follows. But an example of the curse of family-run franchises could be the inability to separate business from family. That could be a serious problem after 5:00 and on weekends. Still, many families find the attraction of working together a strong pull and the results can be quite productive. Families like Ed Doherty's are a perfect example.< Mentor-Motivated: Two Key Individuals have Inspired Jerry HeathTwo people have figured prominently in Jerry Heath's career. The first is his father, who helped bankroll him when he started out in franchising. The second is Steve Jackson, the president of Hungry Howie's Pizza, who began mentoring Heath at an impressionable age (12). Stop the Bleeding: What Franchisors can do to Help Struggling FranchiseesTwo years of tight credit and reduced consumer spending not only have left many franchisees reeling, they've also put a serious crimp in their franchisors' royalty streams. We asked workout professionals and bankruptcy attorneys experienced in franchising what franchisors can do to help turn around their distressed franchisees--without spending precious funds or getting themselves into legal hot water. Franchising With Family Members Can Be Fraught With Danger Or Filled With SuccessIt can be difficult enough to get a franchise up and running on your own, or with other operational and investing partners, but it can be downright arduous if family members are involved in the deal. But that's the route some franchisees take and when done properly this management model can provide years of personal and professional harmony. But there are some secrets to making it work. Go in unprepared and you could break up a business and a family. The Winner's ColumnAs savvy franchise companies continue to flourish in this challenging economy, FUSR will continue to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, and continuing to grow despite the economy - maybe even because of it. And, as the U.S. struggles through its "jobless recovery," growth-oriented franchisors continue to look overseas for expansion opportunities. Sales Intelligence for Superior Performance, Part 2Aggressive growth companies measure the performance of their sales personnel just as they do their advertising. With high recruitment expenses you can't afford mediocre selling performance, which costs dearly in lost franchise deals. A policyholder survey by Prudential Insurance revealed that the greatest influencing factor in the buying process is the sales person. Turning Around Struggling FranchiseesTwo years of tight credit and reduced consumer spending have left many franchisees reeling and put a serious crimp in franchisors' royalty streams. Workout professionals and bankruptcy attorneys experienced in franchising discuss what franchisors can do to help turn around distressed units - without spending scarce funds or getting themselves into legal hot water. New Gift Card Regulations Kicked in August 22ndLast year when President Obama signed the Credit Card Act of 2009 (the Act") into law, the nation's attention largely focused on those provisions of the law that aim to change the way credit card companies do business with consumers. However, since the Act imposes requirements on gift card issuers, it also changed the way many retailers and franchise companies will do business with consumers. Strong Cultures Sell More Franchises!Every franchise organization has a culture, the same way every person has a personality. If your franchise brand is serious about growth and development, ask yourself these two questions: 1) Does our franchise system have a strong, positive culture?; and 2) Is it a culture that promotes selling franchises? Special Operations: Franchising in a Strange LandOpening franchise units in nontraditional locations has been the domain of specialists--but not anymore. With the economy still slumping, lending still tight, and suburban expansion at a standstill, many multi-unit franchisees are exploring the viability of sites such as airports, hotels, colleges, senior centers, highway rest stops, hospitals, and military bases.
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